Answer:
$1,080
Explanation:
Calculation for the amount that should be debited to Bad Debts Expense
Using this formula
Bad Debts Expense=Net Sales× Percentage of net credit sales uncollectible.
Let plug in the formula
Bad Debts Expense=180,000 credit×0.6%
Bad Debts Expense=$1,080
Therefore the amount that should be debited to Bad Debts Expense when the year-end adjusting entry is prepared will be $1,080
Answer: D.
Explanation:
For the supply to shift left, there must be a major development in the supply chain that will affect supply enough to decrease it for every price supplied.
Looking at the answers:
A. an increase in technology: this would not cause supply to be more expensive.
B. a decrease in the cost of a substitute would decrease demand, not supply.
C. an increase in consumer income levels would increase demand, as more consumers would be demanding more of the produce or service.
D. an increase in the cost of inputs for widgets would DECREASE supply, as the production of widgets is made more expensive at the same cost.
D is the correct answer.
To answer the question above as to what effect will the tax increase have on savings and investment in the economy when the government decides to increase the tax rate for everyone in that sector is that people will be hesitant to save and invest, they'll be sure to weigh in as to which would be the proper move if the tax increase will cripple their investments or savings. Tax increase harms economic growth in a sense that it will affect peoples savings and investment which plays a key role in the economy.
Answer:
Paul running a Market Analysis by performing the technique: Demogaphic segmentation.
Explanation:
The reasons for this answer are two. First of all, "market analysis" is a study to find out specific information about the perception of a certain product, business, or service in a population. However, these types of studies have a technique called "Demographic segmentation" which finds the profile of the population inside our study. Age, gender, economic class, buying power, type of job, need to cover, and many more.
If we wouldn't have had the economic data and the type of job about his clients, we would only have said market analysis. However, because we obtained an economic profile we know it is a demographic segmentationn.
